Wearable Technology Market Scope And Analysis

  • Report Code : TIPTE100000104
  • Category : Electronics and Semiconductor
  • No. of Pages : 150
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Wearable Technology Market Analysis and Scope (2024 to 2031)

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Wearable Technology Market Report Scope

Report Attribute Details
Market size in 2023 US$ 70.25 billion
Market Size by 2031 US$ 201.14 billion
Global CAGR (2023 - 2031) 14.1%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Product
  • Smart Clothing & Smart Glasses
  • Augmented Reality Headsets
  • Sleep Sensors
  • Heart Rate Monitors
  • Wearable Patches
  • Activity Monitors
  • Smart Watches
  • Continuous Glucose Monitor
  • Hand Worn Terminals
  • Drug Delivery Devices and Jewelries
By Application
  • Infotainment
  • Healthcare & Medicine
  • Industrial & Military
  • Fashion & Lifestyle
  • Fitness & Wellness
  • Safety & Security
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Fitbit Inc
  • Xiaomi Inc
  • Apple Inc
  • Garmin Ltd
  • Samsung Electronics Co
  • Adidas Group
  • Google Inc
  • Intel Corporation
  • Jawbone
  • Koninklijke Philips N V
  • Wearable Technology Market News and Recent Developments

    The peer to peer insurance market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the wearable technology market:

    • In April 2024, SKLZ, announced the launch of a new wearable tech product that measures speed, agility, and vertical jump, SKLZ Hyper Speed. The SKLZ Hyper Speed combines a sleek wearable tech band and a user-friendly mobile app to accurately measure speed, agility, and vertical jump so that athletes can create their combine in their backyard or on the practice field.

    (Source: SKLZ, Press Release)

    • In October 2023, Qualcomm partnered with Alphabet's Google to make wearable devices like smartwatches using chips based on RISC-V technology.

    (Source: Qualcomm, Press Release)

    Wearable Technology Market Report Coverage and Deliverables

    The "Wearable Technology Market Size and Forecast (2021-2031)" provides a detailed analysis of the market covering the areas mentioned below:

    • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Market dynamics such as drivers, restraints, and key opportunities
    • Key future trends
    • Detailed PEST/Porter's Five Forces and SWOT analysis
    • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
    • Detailed company profiles